The Network Launches Corrective/Preventative Action & Remediation Solution to Manage Root Cause Analysis of Ethics and Compliance Issues

Integrated solution manages remediation and preventative activities, delivers actionable insight into compliance initiatives

ATLANTA--(BUSINESS WIRE)--The Network, Inc., a leading provider of governance, risk and compliance (GRC) solutions, announced today the release of the Corrective/Preventative Action (CAPA)/Remediation module of its enterprise SaaS-based Integrated GRC suite, the first natively integrated GRC software platform in the compliance industry. The CAPA/Remediation module allows companies to identify and correct the root causes of workplace risks in order to help companies prevent future occurrences.

“CAPA/Remediation links policies, training, incidents and cases with applicable corrective and preventative action activities. By doing so, it allows compliance teams to see the relationships between the disparate components of their program, thereby giving them insight into issues and trends that might otherwise go unnoticed.”

“Remediation is a vital component of an effective compliance program. With our new CAPA/Remediation module, companies can ensure that they correct the underlying causes of compliance failures so they can protect themselves against future violations,” said Luis Ramos, chief executive officer of The Network.

“Today’s compliance leaders require actionable information and better insight into the effectiveness of their organization’s compliance initiatives,” said Jimmy Lin, vice president of Product Management and Corporate Development at The Network. “As an integrated component of our GRC Suite, CAPA/Remediation gives organizations an effective way to identify, analyze and evaluate risk, so that risk treatments can be created, prioritized and deployed.”

Lin continued: “CAPA/Remediation links policies, training, incidents and cases with applicable corrective and preventative action activities. By doing so, it allows compliance teams to see the relationships between the disparate components of their program, thereby giving them insight into issues and trends that might otherwise go unnoticed.”

For more information on The Network’s CAPA/Remediation solution, visit www.tnwinc.com. To view a social media version of this news release, click here.

About The Network, Inc.

The Network, Inc. is a leading provider of award-winning integrated governance, risk and compliance (GRC) solutions that enable organizations to mitigate risk and promote organizational compliance. The Network’s Integrated GRC Suite is the first natively integrated GRC software platform in the compliance industry. Combining dynamic SaaS-based technology with expert-level services, The Network helps global enterprises protect, detect and correct the risks posed by fraud and unethical conduct. Established in 1982, The Network serves thousands of organizations in every industry, including nearly 50 percent of the Fortune 500. For more information, visit www.tnwinc.com.